Established in 2016, Msingi is an independent, multi-decade organisation that is building East African industries of the future. They are taking a new approach to driving economic transformation and prosperity in East Africa that is:
Through their approach Msingi aims to make a significant contribution to the structural transformation of East Africa’s economies driving the creation of jobs and creating prosperity in the form of additional income in East Africa.
Vision: Widespread and lasting prosperity in East Africa
Mission: To generate a step-change in competitiveness and innovation, driving significant structural
transformation and growth that benefits low income sections of society
Msingi will enable transformational growth in its focus industries by building:
Industry Prioritisation
Msingi’s industry prioritisation team conducts rigorous analysis to identify high potential industries in various sectors across the region. Engaging closely with industry players, industry advisors, and the investment community – the team is continuously developing a pipeline of interesting industries that can create sustainable impact, while driving competitiveness and the long-term transformation of East African economies.
Their approach will balance the potential for impact, likelihood of success and cost/effort required to identify the most effective industries for achieving large-scale impact.
Industry Vision and Strategy Development
A bespoke industry strategy is developed for each industry which guides Msingi’s activities to catalyse growth. These strategies are guided by their long-term vision for the industry, robust diagnosis of the needs of each industry, and engagement with both the industry and government. Ownership of the strategy by industry is required over the long-term for sustainable transformation. Their strategies will be flexible with on-going adaptation as they learn through doing and in response to changes in the industry or external environment.
Implementation
Specific activities will be driven by the unique industry strategies developed for each programme. However, in each industry programme, Msingi will provide:
Msingi will ensure that they are proactively crowding others in to ensure that all critical roles in an industry are performed fully by permanent industry players once it exits.
Aquaculture was picked as the first focus industry in 2016 and its expected that a second focus industry will be picked in late 2017.